For Lease · Specialty

406 GUELPH Line Unit# Basement, Burlington

406 GUELPH Line Unit# Basement, Burlington, ON L7R3L4

Price on request

700 SF

Asset Class

Specialty

Size

700 SF

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

90%

About this property

Exceptional lower-level commercial space available for lease in the prime Roseland neighbourhood, ideally situated near New Street and Guelph Line. This versatile unit is perfectly suited for a yoga studio, RMT, physiotherapy clinic, professional office, or a variety of other uses. Previously operated as a photography studio, the space features an open-concept layout with large windows offering abundant natural light, a welcoming waiting area, and a 2-piece washroom. Ample on-site parking provides excellent convenience for patients and clients. Prominent street-front signage offers outstanding exposure and visibility. Tenant pays proportionate share of utilities. An ideal opportunity to establish or expand your business in a well-established, high-demand location. Public parking behind property near pathway. Book your private tour today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group402 SF2028-06
Meridian Health Group400 SF2028-06
Meridian Health Group400 SF2028-06
Meridian Health Group400 SF2028-06

Area demographics

Trade area within 3 miles of the property.

Population

53,145

Households

20,003

Median income

$67,500

Median age

40.6

Daytime population

59,020

5-yr growth

8.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 406 GUELPH Line Unit# Basement, Burlington.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.